Silver Editorials & Commentary

Silver is a commodity growing in appeal as an investment vehicle recently. Whether coins, or more cost-efficient silver investment bars, bullion has averaged 17.8% annual returns over the last 10 years, beating every major asset class and outpacing even gold bullion...

The dividing line between silver performing as a monetary asset versus an industrial commodity is tethered to a broken price discovery system, where unlimited position limits are held by the most influential of traders.

Thursday’s new all-time closing high on the S&P 500 is relevant from a support and resistance perspective. The previous all-time closing high of 1,848 was printed January 15.

When baseball fans talk about players from the early 1900s, Babe Ruth is normally the first person mentioned. He was a great home-run hitter with 714 career home runs, a record that stood for almost 40 years. Only two men have surpassed it. Ruth struck out 1,330...

Credit is a wonderful tool that can help advance the division of labor, thereby increasing productivity and prosperity. The granting of credit enables savers to spread their income over time, as they prefer. By taking out loans, investors can implement productive...

According to most students of the historical value of silver, the lowest inflation adjusted price of the metal occurred at around 4 dollars in the early 1990s- a price that silver basically stayed within one dollar of for the next ten years. As a percentage of...

Investors have been worried about slowing economic growth coupled with tapering from the Fed. While one report does not make a trend, Wednesday’s data on housing gave the stock market bulls a reason to remain optimistic.

The U.S. dollar extended gains after stronger-than-expected U.S. home sales data. Earlier today, the Commerce Department showed that new home sales rose 9.6% to 468,000 units in January, while analysts had expected a 1% drop to 400,000. What impact did this largest...

My research leads me to believe exploding Chinese investment demand during the next six years will drive the price of silver to over $500/oz, which will in turn fuel the price of gold to $8000/oz. And here are the rationale for this sterling prediction.

Dear Depositor: We don’t want to cause you unnecessary stress or worry, but it might be prudent to pay attention to a series of unusual news reports recently emanating from the banking world. Viewed independently, each event might be rather insignificant.

Few noises emitted by the U.S. (and Western) mainstream media have been as shrill or as sustained as the endless accusations that “China is a currency-manipulator”. Every time the renminbi falls in value versus the dollar (and sometimes merely because it doesn’t...

If you are traveling at 100 mph and you abruptly hit the car breaks, as a passenger it can cause serious consequences. If the car is then suddenly slammed into a reverse direction, a fatality may often the likely outcome. Similarly, with FDI (Foreign Direct Invest)...

We were recently asked in a handful of emails about the importance of emerging market bonds (PCY) relative to the S&P 500. The basic question was “should we be tracking the emerging market bond ETF (EMB) to monitor the health of the S&P 500 (SPY)?” Since the...

Global Economics is not as complicated as the Ivy trained Keynesian economists would have you believe. As Goldman Sachs gleefully illustrates, the world is presently divided into two financially warring camps. The Emerging Markets (EM) who have Inflation problems...

As talk ramps up about putting and end to the ‘austerity’ here in the US, it should be rather clear what the intent of the establishment is with regards to the US dollar. They’re going to burn it to the ground, as is the case with every other fiat currency to this...

Wall Street and Washington have summarily dismissed the recent spate of disappointing economic data by claiming it is solely based upon the weather. The equity market is 100% convinced that winter is to blame for the faltering economy; and that even if stocks have...

The good news is: The NASDAQ composite (OTC) closed at a multi year high on Tuesday and, last week, the secondaries were stronger than the blue chips. The negatives: New highs increased last week, but remain below their levels of a month ago when the major indices...

In claiming to now be “tapering” its monetary stimulus (another lie); we have the Federal Reserve effectively throwing in the towel. The witch doctors are not even contemplating any new voodoo to try to resuscitate their patient. If the U.S. economy was really a...

A pivotal week last week as silver has broken out and is poised for a multi month rally. Traders should buy any short term pullbacks and expect higher prices overall.

The economic reports turn ever uglier, and the stock market loves it. Something seems wrong with that picture. In recent months, it has been the unexpected widening of the U.S. trade gap, as exports decline and imports rise. It has been unexpected plunges in retail...

Weekends are a good time to address areas of vulnerability in your investment strategy. Many investors toss and turn at night worrying about wealth-destroying bear markets or opportunities they may miss for their uninvested cash, which is nature’s way of pointing...

Two pieces of business news announced this week provide a convenient frame through which to view our dysfunctional and distorted economy. The first (which has attracted tremendous attention), is Facebook's blockbuster $19 billion acquisition of instant messaging...

The Chinese financial system, along with the rest of the emerging market, exist as an extension of "the world is flat monetary policy" on a scale never seen before. It is equally a giant leverage play on the last remaining resources for a population that has...

Last week I discussed long-term cycles for gold so I thought I would follow this up with some notes on long-term cycles for silver. One would presume that silver’s cycles are the same as gold and they would be wrong. Given their similarities as precious metals,...

On December 26 the S&P 500 closed at 1,842. Eight weeks later, during Thursday’s session, the S&P 500 was trading at 1,841. You would think the stock market bears would be making some good progress behind the scenes during a “going nowhere” period. That has...

Those who follow markets are always looking at past patterns for clues to future price behavior. Many in the silver space obsess over similarities to the great bull run in silver after silver became a commodity future in 1963. That bull market was erratic and is at...

Significant nominal peaks in the price of silver tend to come after significant nominal peaks in the Dow. This has been the case for the last 90 years at least.

Since the beginning of 2014; we have been subjected to two constant themes in the propaganda of the mainstream media. One of these themes is that after “recovering” year after year after year; the U.S. economy is finally strong enough to begin the Exit Strategy...

While Janet Yellen signaled last week the Fed’s taper game plan was still in place, recent economic data has the markets thinking a taper pause could be seen later in 2014. The terms “inadequate demand” and “slow growth” speak to increasing odds the Fed may alter...

When attempting to quantify the amount and quality of a possible mineralized deposit on their property, exploration companies and producers generally follow a process which seeks to state, in reasonably accurate and concise terms, just what they have…or might have....

Maintain perspective! Skip the hope and hype, the “analysis” from vested interests, and look at facts: Silver closed on February 13, 2014 at $21.42. 50 days earlier, on December 26, 1913, it closed at $19.88 That is about 7.7% price increase in 50 calendar days and...

It’s the tale of two assets: gold, which was largely shunned by investors for most of last year, has made an impressive comeback in recent weeks. Meanwhile Bitcoin, the white-hot “investment” of 2013, has lost value in recent weeks and threatens to violate an...

The U.S. currency was little changed near recent lows against major currencies as U.S. markets are shut for the President’s Day holiday and trade volumes remain thin. Nevertheless, it’s worth noting that the greenback declined to a four-year low against the British...

In this Weekend Report I would like to show you the Chartology of silver that you won’t see anywhere else on the planet. Some of these charts might not conform to the classic textbook scenarios most chartists believe are the only correct ways to construct a chart...

Silver or the silver price is generally much more difficult to analyze than gold. Part of the reason is that so much less is known about the specifics of the silver market. Silver analysis is often done “through” the analysis of gold. This is not completely wrong,...

At the end of December the price of gold bottomed and has moved up smartly while leaving silver behind, to wallow in a sideways pattern before making it’s low at the end of January. This odd behavior caused many investment writers to hedge their recommendations...

Silver has confirmed gold’s breakout of several days ago by following suit and breaking out above important resistance on Friday on the strongest volume for almost 6 months. This means that we are now in a full on Precious Metals sector uptrend, which is still in...

The crash of the Argentine peso last month brings to a close yet another foredoomed experiment in South American left-wing populism. The precipitous “devaluation” of the peso by 15 percent against the U.S. dollar in January represents its steepest decline since the...

There’s an old quote along the lines of if you’re going to lie, make it a big one, repeat it like crazy, and eventually, people will regard it as truth. Truth is awfully cheap these days. For as buffaloed as most people are with the state of economic affairs not...

The good news is: The NASDAQ composite (OTC) closed at a multi year high on Friday while the S&P 500 (SPX) missed its all time high by only 0.5%. The negatives: The market is overbought.